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University Business, September 2014

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Cover Story

Colleges and universities are ramping up services for international freshmen and sophomores as administrators increasingly look abroad to further diversify their campuses and to expand enrollment with stud

Feature

Colleges and universities are ramping up services for international freshmen and sophomores as administrators increasingly look abroad to further diversify their campuses and to expand enrollment with stud

Whether it’s purchasing textbooks every semester or meeting daily needs such as meals, snacks or health and beauty aids, students who find the right dining and retail stores on campus have a better college experience

If you build it, they will come. Your alumni are already Facebooking, tweeting and linking in, in ever-increasing numbers. Colleges and universities are taking advantage of this activity to launch and grow robust social networks of graduates that strengthen alumni engagement, boost volunteerism and stimulate giving.

Once again this July, recent Models of Efficiency honorees were recognized during the NACUBO conference at an awards dinner hosted by Higher One, the program’s sponsor. This year, award recipients were honored at Ruth’s Chris Steakhouse in Seattle.

There’s a standard practice in academia that’s highly valued; yet, at many colleges and universities, the policies and procedures surrounding it haven’t changed in decades. Until now.

Focus

“Don’t ask for permission, ask for forgiveness.”

Technology

First-year MBA students in the action-based degree program at University of Michigan’s Ross School of Business spend seven weeks working with a U.S. or international company. After that, they form seven-member teams to propose a solution to a problem they encountered in the corporate world.

Campus Finance News

The U.S. economy has been through major changes in the last several years, and the effects are being felt on campus. In many cases, this turmoil shows up publicly in the form of a credit-rating downgrade.

On Topic

Read just about any editorial page these days and you’ll see a familiar refrain: “Is a college degree still worth it?” Wesleyan University (Conn.) President Michael Roth argues that not only is it worth it, but that it is more important than ever.

Behind the News

“SuperText”—the interactive video and assessments within MOOCs—may be a threat or an opportunity to full-time business schools and MBA programs.

Subsidies for public higher ed institutions are the lowest in a decade—and for the first time, students are paying, on average, half or more of their tuition’s cost.

Despite technology’s critical role in higher ed, there remains a gap between central IT and the rest of campus that can lead to unnecessary spending.

Institutions that are successful in preventing loan defaults make it a campuswide effort, according to a recent survey by the Association of Community College Trustees (ACCT) and The Institute for College Access & Success (TICAS).

A recent report suggests that while new technologies enable adaptive learning to play a major role in the future of higher ed, most instructors have yet to use the philosophy to its full potential because they are not connecting it with other important innovations.

Quick, what business makes more money than the NFL yet pays most of its workers next to nothing? The answer is college sports, which generate $10.5 billion in revenue, the bulk of it coming from football and basketball. Less than 30 percent of that money goes toward scholarships and financial aid for players.

Admissions officers: Would more students enroll if you could bring your campus and its top-flight learning spaces along on recruiting trips?

Team-taught this summer by professors from three Northwest Five Consortium institutions; students from any of the five member schools could register

The governing board of The University of Texas System has selected Admiral William H. McRaven, currently commander of the U.S. Special Operations Command, to take over as chancellor in January 2015.

Professional Opinion

With national student debt at a stunning $1.2 trillion and financial pressure playing a key factor in retention, colleges must take the initiative to help students maximize opportunities for financial aid.

When Duke University class of 2008 arrived on campus to start their freshman year, they had no idea they would become pioneers. Why?

In the past few years, many universities have begun to explore a concept frequently and successfully implemented in the corporate world, but previously rare in higher education: shared services.

"There is no magic wand that can resolve our problems. The solution rests with our work and discipline."
—Jose Eduardo Dos Santos